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Building permits up 13.8 per cent in May: StatsCan

OTTAWA - Statistics Canada says municipalities issued building permits worth $6.9 billion in May, up 13.8 per cent from April.

The agency says the increase in May resulted primarily from higher construction intentions for commercial buildings in Ontario and Manitoba, as well as multi-family dwellings in British Columbia.

It says the total value of permits has been on a slight upward trend since the beginning of 2014.

Gains were posted in every province in May, except Quebec and Nova Scotia, with the largest increases recorded in Ontario, British Columbia and Manitoba.

Construction intentions for residential dwellings rose 9.5 per cent to $4.1 billion in May, the third consecutive monthly increase.

In the non-residential sector, the value of permits rose 20.8 per cent to $2.8 billion

The Canadian Press

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